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Laura Ashley agrees loan deal as H1 sales slide

2020-02-20 11:24:00| Daily apparel & textile news and comment - from just-style.com

Shares in Laura Ashley were up over 16% this morning (20 February) after the UK clothing and home retailer revealed it has secured a loan agreement that will allow it to meet its immediate funding needs.

Tags: sales deal loan slide

 

Lenovo quarterly sales flat, profits up on premium PC growth

2020-02-20 08:57:00| Telecompaper Headlines

(Telecompaper) Lenovo reported sales unchanged year-on-year for its fiscal third quarter to December, at USD 14.1 billion. Operating profit was still up 12 percent to USD 488 million, thanks to strength in premium PCs and profitability at its mobile business. Net profit increased 11 percent to USD 258 million. The company said it was seeing some impact on its supply chain and production due to the coronavirus outbreak, but would leverage its global footprint to minimise the effect on results. 

Tags: sales premium growth flat

 
 

Neenahs Sales Decline in Q4

2020-02-19 06:00:00| Nonwovens Industry Breaking News

Technical Products segment sales also fall

Tags: sales decline q4 sales decline

 

Spirits sales fly in US as exports take 2019 tariff battering - data

2020-02-18 17:23:00| Daily beverage news and comment - from just-drinks.com

Sales of spirits in the US posted their second-highest annual rate of growth in a decade, according to figures released this week, with dark spirits driving the performance in 2019.

Tags: data sales fly spirits

 

Asda's Christmas sales hit by 'cautious' spending

2020-02-18 14:10:40| BBC News | Business | UK Edition

The supermarket says festive shoppers cut back on gifts for adults and extended family.

Tags: sales hit christmas spending

 

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